Russia is preparing to introduce its first comprehensive regulatory framework for crypto like Bitcoin, with lawmakers aiming to finalize the draft for a parliamentary vote by the end of June, according to local media reports.

Anatoly Aksakov, head of the State Duma Committee on the Financial Market, said that the long-anticipated rules could be approved as early as this summer. 

If passed, the framework would formally take effect one year later, opening regulated bitcoin and crypto trading to both qualified and non-qualified investors beginning July 1, 2027.

Under the proposed regime, retail investors would be allowed to participate in the crypto market, though with…

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